PUBLISHER: The Business Research Company | PRODUCT CODE: 1664605
PUBLISHER: The Business Research Company | PRODUCT CODE: 1664605
A pipeline monitoring system encompasses tools utilized for assessing the corrosive environment and bacteriological control programs. These systems are designed to collect samples without generating harmful byproducts, offer online analysis of chemical drug treatment, gather data that aligns with regulatory assessment tasks, and assess pipeline threats. While in operation, these systems ensure continuous, real-time monitoring of gases and liquids within pipelines.
The primary categories of pipeline monitoring systems include metallic, non-metallic, concrete pipes, and asbestos cement pipes. Metallic pipes encompass various types, such as cast iron pipe, copper tubing, stainless steel pipe, galvanized steel pipe, and regular steel pipe. Technologies such as ultrasonic, PIG (pipeline inspection gauge), small ball, magnetic flux leakage, fiber optic, among others, are employed for diverse applications, including enhancing operating efficiency, detecting leaks, identifying pipeline breaks in oil and gas, water and wastewater systems, and other end-user scenarios.
The pipeline monitoring system market research report is one of a series of new reports from The Business Research Company that provides pipeline monitoring system market statistics, including pipeline monitoring system industry global market size, regional shares, competitors with a pipeline monitoring system market share, detailed pipeline monitoring system market segments, market trends, and opportunities, and any further data you may need to thrive in the pipeline monitoring system industry. This pipeline monitoring system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The pipeline monitoring system market size has grown strongly in recent years. It will grow from $16.06 billion in 2024 to $17.29 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to rise in pipeline expansion projects, incident prevention, infrastructure aging, risk management, operational optimization environmental awareness.
The pipeline monitoring system market size is expected to see strong growth in the next few years. It will grow to $23.66 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to big data analytics, IoT integration, climate change adaptation, cybersecurity focus, global energy transition. Major trends in the forecast period include advanced analytics and AI, remote monitoring and control, cybersecurity measures, integration of drones and UAVs predictive maintenance, environmental monitoring.
The expansion of pipeline infrastructure is anticipated to drive the growth of the pipeline monitoring system market in the future. Pipeline infrastructure encompasses all related systems, including privately, publicly, or cooperatively owned lines and facilities used for the transmission or distribution of gas, oil, and petroleum products, along with other comparable goods or substances that serve the public, either directly or indirectly. Pipeline monitoring systems support this infrastructure by developing IoT sensors that facilitate monitoring solutions, alert pipeline operators, and dispatch technicians to specific locations. For example, in October 2023, the Petroleum and Natural Gas Regulatory Board (PNGRB), a government agency in India, reported that as of June 2023, India's natural gas pipeline infrastructure had seen substantial growth, with over 33,000 km of pipeline network authorized nationwide. Of this total, more than 23,000 km is operational, while over 12,000 km is currently under construction. This expansion demonstrates India's commitment to establishing a robust pipeline network to enhance natural gas distribution and meet the rising energy demand across the country. Thus, the growth of pipeline infrastructure is propelling the market for pipeline monitoring systems.
The escalating demand for water is expected to be a key driver for the growth of the pipeline monitoring systems market in the forecast period. Increased water consumption, particularly in urban and industrial areas, has led to extensive pipeline networks for water supply and wastewater management. This surge in pipeline infrastructure has elevated the demand for pipeline monitoring systems, crucial for detecting leaks, ensuring pipeline integrity, and preventing environmental damage. According to the Nature Journal, global water demand for all uses is approximately 4,600 km3 per year, projected to increase by 20% to 30% by 2050, reaching 5,500 to 6,000 km3 per year. Consequently, the growing water usage is poised to drive the pipeline monitoring systems market.
Technological advancements have become a prominent trend in the pipeline monitoring system market. Leading companies in this sector are concentrating on innovating new technologies to maintain their competitive edge. For example, in October 2023, Eni, an energy company based in Italy, launched a venture focused on enhancing pipeline monitoring technology. This initiative aims to develop innovative solutions that improve the safety, efficiency, and reliability of pipeline networks. The venture utilizes cutting-edge technology to monitor pipelines in real-time, detect potential issues like leaks, and ensure optimal operation. This development marks a significant advancement in enhancing pipeline security and environmental safety, further underscoring Eni's commitment to technological innovation within the energy sector.
Companies operating in the pipeline monitoring system market are also focusing on launching new products to sustain their market presence. For instance, in March 2023, Eni introduced Enivibes, a technology designed to enhance the market value of the vibroacoustic pipeline monitoring system. Known as Eni Vibroacoustic Pipeline Monitoring System (E-VPMS), this technology supports real-time analysis and monitoring activities on new or existing pipelines used for water and hydrocarbon transportation.
In March 2022, Baker Hughes, an energy technology company based in the United States, acquired Qi2 Elements for an undisclosed amount. This acquisition positions Baker Hughes to assess a broader range of critical client equipment, including pipelines and storage facilities. Qi2 Elements, a US-based company specializing in advanced robotic sensor systems for pipelines, contributes to Baker Hughes' capabilities in pipeline monitoring.
Major companies operating in the pipeline monitoring system market include ABB Ltd., Emerson Electric Company, Honeywell International Inc., Huawei Investment & Holding Co. Ltd., ORBCOMM Inc., Siemens AG, Schneider Electric SE, QinetiQ Group plc, Rockwell Automation Inc., TransCanada PipeLines Limited, PSI Group Inc., Pure Technologies Ltd., BAE Systems Inc., Pentair plc, Badger Meter Inc., Bentek Systems Ltd., General Electric Company, Perma-Pipe International Holdings Inc., AVEVA Group plc, Yokogawa Electric Corporation, OptaSense Ltd., International Business Machines Corporation, HollySys Automation Technology Co. Ltd., Inductive Automation Software LLC, Atmos International plc, Syrinix Ltd., Hifi Engineering (China) Co. Ltd., KROHNE Messtechnik GmbH, Sensornet Ltd., TTK Corporation
North America was the largest region in the pipeline monitoring system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the pipeline monitoring system market report during the forecast period. The regions covered in the pipeline monitoring system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the pipeline monitoring system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The pipeline monitoring system market consists of sales of pipes, fittings, valves and joints, and pumps used for pipeline evaluation purposes. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Pipeline Monitoring System Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on pipeline monitoring system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for pipeline monitoring system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The pipeline monitoring system market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.